Existing home sales came out yesterday showing slight year-over-year growth, but the headlines were all about home prices at an all-time high. However, most people weren’t focused on the fact that wages have been outpacing home prices for some time now, which is a positive. Yesterday I went on Yahoo Finance to talk about how […]
Housing affordability is improving as wages outpace home-price growth Read More »
With a major policy win at hand, one of America’s most promising housing affordability solutions hidden in plain sight may get the close-up moment its stakeholders have fought for decades to earn. The 21st Century ROAD to Housing Act – on a white-knuckle countdown to midnight before going into law as expected – includes a
New policy impact may ignite a manufactured housing blue-sky era Read More »
One of the most consistent mistakes that buyers’ agents make today is ignoring one of the best sources of affordable housing available to their clients: distressed properties — short sales in particular. After more than 40 years in the real estate business and involvement in over 25,000 distressed property transactions, I’ve watched agents make this
The short sale process changed, real estate agents did not keep up Read More »